Volume 7, Number 4, January 29, 1980



From the Editor-in-Chief

by Daniel Sneider

Editorial Comment

by Nora Hamerman

Campaign 1980

Congressional Calendar

by Barbara Dreyfuss and Susan Kokinda

Energy Insider: A New Teapot Dome Scandal?

by William Engdahl


‘A German on a Stone ... He’ll Turn It to Bread’

by Laurent Murawiec

“Put a German on a stone and he’ll turn it into bread” is a Russian saying very familiar to West German businessmen. Their response to Jimmy Carter’s plea for embargo and trade sanctions against Eastern Europe, traditionally their leading export market, is not a little anger, and determination that threats, armtwisting and blackmail from London and Washington will not be allowed to prevent them from absolutely increasing trade with the Soviet Union and its allies.

Gold: Who Benefits in the Shake-Out?

by Alice Roth

Domestic Credit: Deficit Bigger Than Carter Admits

by Lydia Schulman

Foreign Exchange: Arab Money Shifts Show Dollar Weakness

by Richard Katz

Agriculture: In Search of Grain Export Markets

by Susan B. Cohen

Trade Review

Business Briefs

Special Report

The Erosion of U.S. Military Capability

by Uwe Parpart

In 1961’s Cuban missile crisis, the U.S.A. had clear superiority in virtually all military categories; Khrushchev’s move into Cuba proved militarily untenable. In the current Afghan crisis, Jimmy Carter finds himself in Khrushchev’s position. Massive Soviet superiority across-the- board is not even primarily due to their own military build-up, but to an in-depth erosion of U.S. military capabilities, an erosion of the U.S. industrial economy.

General-Purpose Forces: The Soviets’ Superiority

by Dean Andromidas

America’s Mercenary Army: Drugs and Illiteracy

by Susan Welsh

Research and Development: The Aura of Poverty

by Dr. Steven Bardwell

Gen. Richardson: ‘Painted Ourselves into a Corner’

Exclusive interview with a top military officer – Defense Specialist: “The Risks Are Just Too Great.”


Europe: In the Vise of the Superpowers

by Vivian Freyre Zoakos

The world is no longer in a diplomatic situation, it is in a political-military situation. The European powers, trying to straddle the fence, are being told they cannot do that any longer.

Will Jimmy Carter Attempt Another ‘Bay of Pigs’?

by Cynthia Rush

The President plays war-games in the Caribbean as the British advise him to ready an invasion, or at least a blockade of Castro’s Cuba.

Jesuit ‘Mullahs’ Lead Latin Insurrections

by Gretchen Small

Guatemala’s ‘Clerical’ Revolt Targets Mexico

by Dolia E. Pettingell

What is Probe International? – ‘Novelist’ Fuentes: ‘The Return of Strangelove’

El Salvador: As Many as One Million Could Die

Camp David’s Partners Balk at the New ‘Carter Doctrine’

by Mark Burdman

The aim of Camp David was always a NATO-extension into the Middle East in the form of a military alliance centered around Israel and Egypt. But in light of Carter’s dangerous bluffing act with the Soviet Union, new strains have developed to threaten the Egypt-Israel pact.

Prince Fahd: Willing To Supply the Soviets

U.S. Military Forces Are Checkmated: What Comes Next?

by Paul Goldstein

International Intelligence


The Iowa Caucuses: It Wasn’t Really a Democratic Vote

by Kathy Burdman

Jimmy Carter “won” the Iowa caucuses Jan. 21, but it’s very doubtful how many Democrats actually voted for him without being paid for it, and even less how much actual voter support he has in the state. On top of the usually methods of vote-rigging, it appears independents and Republicans turned out for the President in large numbers.

Mike McCormack: Battling Carter for Fusion Power

by Marsha Freeman

The Carter Administration continues its attack on all U.S. technology development, especially in the energy field where massive new cuts in fusion research are due. But Rep. McCormack, whose committee has proved the feasibility of commercial fusion by 1995, is mustering Congressional forces for a fight.

National News